City’s vending manager goes bust
Thursday, April 16th, 2009
Here’s a pitfall of privatization: Sometimes the company hired to perform some public task goes kaput. That’s the Atlanta-related footnote to today’s big business news, summed up here by the New York Times:
General Growth Properties, one of the largest mall operators in the nation, filed for bankruptcy early Thursday morning in one of the biggest commercial real estate collapses in U.S. history.
What’s the ATL connection? Well, last summer, the City Council finally hit upon a solution for dealing with the motley collection of street vendors that operate around the Five Points MARTA station, Turner Field and other locations. For years, local business owners had complained that raggedy-ass vendors’ booths made a poor impression on visitors and made downtown look shabby (or perhaps shabbier). The city, however, had never managed to muster the political will to force vendors to shape up.











